Last 24 Hours
$189,000
402 Cleveland Street, Bailey, TX, 75452
On Market
Just Added
3 Beds
2 Bath
1,235 Sq Ft
Single Family Residence
$153.04 / sqft
Built in 2019Property Lead Type:
Deal ListAbsentee OwnerHigh Equity
Highlights
Interior
Bedrooms 3
Bathrooms 2AppliancesDishwasher, Electric Range, Electric Water Heater
FlooringLuxury Vinyl Plank
Exterior
Lot Size6,229 sqft
Building Information
Year Built2019
Land Information
APN125694
Lot Number1
Land UseResidential
Legal DescriptionCLEVELAND STREET ADDN, LOT 1, ACRES .143
Assessed Land Value$10,840
Assessed Improvement Value$166,190
Assessment Year2025
About this property
Welcome home to a very well maintained home nestled in the town of Bailey. Sitting across from the city park, this charming residence is the perfect blend of comfort, style and functionality. Step inside to an open-concept living and dining area that flows seamlessly into spacious kitchen that is ideal for everyday living and entertaining. Entering the backyard, there sits a pergola for your morning coffee or relaxing evenings. There is also a 12x25 storage building for extra storage!
Investor Tools
$124,570Estimated Mortgage Balance
$105,430Estimated Equity
45% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,380 /month
Positive
Cash Flow Estimate:
$460 /month
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ContactFinancing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$346/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,997
$177,030
2025
$10,840
$166,190
$177,030
No
Tax History
Year
Tax Paid
Assessed Value
2024
$2,997
$177,030
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Summit Funding Inc
Fha
$140,213
Yes
First
Jan 14, 2021
Feb 2051
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$124,570
$105,430
45%
54%
$841/mo
12.4%